Projects and energy in Vietnam

Allen & Overy LLP

Allen & Overy LLP has considerable expertise in this area of law, advising elite foreign and national companies on conventional and renewable power projects and natural resources matters. The team undertakes multi-jurisdictional and multi-billion dollar matters as demonstrated by their work on major energy and petrochemicals projects. Managing partner Adam Moncrieff handles project financing work, as does Duc Tran.

Practice head(s):

Adam Moncrieff; Duc Tran

Key clients

The Export-Import Bank of Korea (KEXIM)

Japan Bank for International Cooperation (JBIC)

Korea Trade Insurance Corporation (K-sure)

Sumitomo Mitsui Banking Corporation (SMBC)

Marubeni Corporation

KEPCO

BTMU

Standard Chartered Bank

Sumitomo Corporation

Work highlights

  • Advising Marubeni and Kepco, the project’s sponsors,  on all aspects of the 1,200MW Nghi Son 2 coal-fired power project.
  • Advising Sumitomo Corporation as sponsor on the Van Phong 1 power plant.
  • Advised the lenders including KEXIM and K-Sure on the 1,200MW Song Hau 1 super-critical power plant in Vietnam.
  • Advising First National Operation & Maintenance as O&M contractor  on the 1,200MW Nam Dinh 1 coal-fired power project.
  • Advising the sponsor on the USD4.5bn Long Son Petrochemical complex project.

Allens

Allens acts as key advisors on large-scale and high-value projects within the energy and infrastructure space. Chung Le and Bill Magennis are key contacts with vast project financing experience between them as well as construction expertise. The team is also skilled in handling considerable cross-border work, strengthened with the firm's Australian offices, and further afield a global alliance with Linklaters LLP. The practice group has been enhanced with the arrival of Melissa Keane, an experienced energy partner with a focus on renewables who joined in January 2019 as an internal transfer from Melbourne.

Practice head(s):

Chung Le

Other key lawyers:

Robert Fish; Bill Magennis; Melissa Keane

Key clients

Nghi Son Refinery & Petrochemical Company Limited (NSRP)

Mitsui Oil Exploration Co., Ltd (MOECO)

Siam City Cement

Asian Development Bank

ExxonMobil Exploration & Production VN Ltd

Premier Oil

Gazprom

Vung Ang II Power JSC

Vinh Tan III Energy JSC

Rosneft

BP Holdings B.V.

Duong River Surface Water Plant JSC (SDW)

International Finance Corporation (IFC)

China Light and Power

Mitsubishi Corporation

PTTEP Southwest Vietnam Co., Ltd

BIM Group

PTTEP Southwest Vietnam Co., Ltd

Electricity of Vietnam (EVN)

Work highlights

  • Advised Nghi Son Refinery & Petrochemical Company on  the operation of the US$9 billion Nghi Son Refinery Project, including project financing, construction, offtake agreements, and government support.
  • Advising Mitsui Oil Exploration and PTT Exploration and Production on the development of their Blocks B&52 project in Vietnam.
  • Advising ExxonMobil on all issues relating to its gas to power project (Blue Whale Project) including financing.
  • Advising BIM Group on two joint ventures with Philippines-based to develop solar power projects in Ninh Thuan province.

Frasers Law Company

Frasers Law Company has considerable experience in energy and infrastructure, which it deploys undertaking high-value work for developers and financiers of energy projects.  Mark Fraser and Justin Gisz oversee the team, which also includes senior associates Pham Thanh Mai, who also acts for foreign clients on development projects and Stefano Pellegrino, whose practice includes oil and gas.

Practice head(s):

Mark Fraser

Key clients

VinaCapital

Argex Titanium Inc.

Origin Energy Australia

Phu My 3 BOT Company

Vina-CPK Co. Ltd.

Wang Jing & Co.

Kimball Electronics

Grant Thornton Vietnam

ON Semiconductor/V Trac

Advantage Partners

Lexcomm Vietnam LLC

The 'knowledgable' team at Lexcomm Vietnam LLC provides a comprehensive projects and energy service, with a particular core strength in upstream oil and gas. Overseen by Pham Ba Linh in Ho Chi Minh City and Nguyen Viet Ha in Hanoi, the group covers high-value renewable energy matters, petrochemicals and mining work for high-profile clients. The team is supported by a handful of senior associates such as Le Lien Huong, who is notable for her advisory work to sponsors of power plant projects. Nguyen Hong Hai has energy disputes expertise.

Practice head(s):

Pham Ba Linh; Nguyen Viet Ha

Other key lawyers:

Nguyen Hong Hai; Le Lien Huong

Testimonials

This is a good team with good knowledge, high commitment to clients, and always meeting the deadline.’

Pham Ba Linh has great knowledge of oil and gas, banking and infrastructure industry and provides valuable advice.’

Key clients

BlackRock

Nexif Energy

Korean National Oil Corporation

Dubai Ports (DP) World

Nghi Son Refinery And Petrochemical LLC

Bluestream Renewables

Premier Oil Vietnam Offshore B.V.

Repsol Vietnam

Rosneft Vietnam B.V.

Mubadala Petroleum

Schlumberger

Sojitz Corporation

Shimizu Corporation

Climate Investor One (CIO)

Southeast Asia Telecommunications Holdings

VILAF

High-value, complex and large-scale energy projects are a prominent feature of VILAF practice with the team handling work for high-profile international clients. Tran Tuan Phong and Dang Duong Anh, both in Hanoi, advice on project financing and acquisition matters, and Vo Ha Duyen in Ho Chi Minh City advises foreign investors and retains multinational financial institutions in her client roster.

Practice head(s):

Tran Tuan Phong; Dang Duong Anh

Other key lawyers:

Vo Ha Duyen

Key clients

Marubeni Corporation

Sumitomo Corporation

KEPCO

Scatec Solar

Talisman Energy (Repsol)

Japan Bank for International Cooperation (JBIC)

Phu My 3

B.Grim Power Public Company

AC Energy

Work highlights

  • Advising Marubeni and KEPCO on the Nghi Son 2 Power Plant Project.
  • Advising Japan Bank for International Cooperation on the financing of the $2.5bn Vung Ang 2 BOT power project.
  • Advising Bangkok Bank as the lender in the financing of the CMX Renewable Energy Solar Power Plant project.
  • Advising Sumitomo Corporation on its role as sponsor of the 2,600MW Van Phong 1 Thermal Power Plant.
  • Advising Long Son Petrochemicals on borrowing a U$3.2bn syndicated loan to develop its Long Son Petrochemicals Complex in Vung Tau province.

YKVN

YKVN excels at handling complex and high-profile power projects with standout highlights including agenda-setting conventional energy projects, for both project sponsors and their lenders. Led by Truong Quang  leads the practice group. Duong Thu Ha is a key contact in the group, taking a lead role in M&A transactions in the renewable energy sector, and Eli Mazur is involved in high-value instructions.

Practice head(s):

Truong Nhat Quang

Other key lawyers:

Duong Thu Ha; Eli Mazur

Testimonials

Simply the best projects team in Vietnam. Strong coverage in both Ho Chi Minh and Hanoi and a team that has been stable and active in the market for more than a decade.’

Key clients

CHEC (China Huadian Engineering Company Ltd.)

Bank of China

China Development Bank (CDB) and a syndicate of Chinese and international banks

Rizal Commercial Banking Corporation

Solar Power Management (Thailand) Company Limited

Work highlights

  • Acted as Vietnamese counsel to China Huadian Engineering Company on a power project.
  • Advising a syndicate of international lenders, including China Development Bank, on a coal-fired power project in Binh Thuan Province.
  • Acting as Vietnamese counsel to Rizal Commercial Banking Corporation (RCBC) on its senior term loan facility to BIM Renewable Energy.

Baker McKenzie

At Baker McKenzie, the team brings a blend of real estate, construction and finance expertise to projects work including energy, both renewable and conventional. Managing partner Fred Burke oversees the practice, which includes Hanoi-based Chi Lieu Dang and Ho Chi Minh City-based Lan Phuong Nguyen, both of whom have a strong track record of energy work.

Practice head(s):

Fred Burke

Other key lawyers:

Nguyen Lan Phuong; Dang Chi Lieu

Key clients

Hong Kong NES International New Energy

Gulf Energy Development Public Company Limited

CMX RE Sunseap Vietnam Solar Power Joint Stock Company

Work highlights

  • Advised Hong Kong NES International New Energy on the acquisition of HCG Tay Ninh Solar Power and Hoang Thai Gia Trust Investment and Management Co., Ltd.
  • Assisted Gulf Energy to acquire shares in three project companies doing renewable in Vietnam from TTC Group.
  • Advising CMX RE Sunseap Vietnam Company on land purchases and regulatory licences to create a solar park.

DFDL Legal & Tax

The team at DFDL Legal & Tax, led by Hoang Phong Anh in Hanoi, has considerable expertise in the development of hydropower projects, as well as solar power, mining and infrastructure. Dave Seibert, who joined the firm's team in Vietnam from its Yangon office, brings a wealth of experience and has assisted on electricity generation projects. Huynh Dai Thang in Hanoi and Jérôme Buzenet in Ho Chi Minh City also have relevant expertise.

Practice head(s):

Hoang Phong Anh

Other key lawyers:

Dave Seibert; Huynh Dai Thang; Jerome Buzenet

Key clients

B Grimm Power Company Limited

Quadran International

MUFG Bank, Ltd

Work highlights

  • Advised B. Grimm Power, on purchasing an 80% interest in 257MW Hoa Hoi solar project in Phu Yen Province from a Vietnamese seller.
  • Advised the Quadran International on its acquisition of a majority interest in a solar power project in Binh Dinh province.
  • Advised MUFG Bank in relation to the financing of Nghi Son BOT Thermal Power Plant project.

Duane Morris Vietnam LLC

Duane Morris Vietnam LLC is known for its renewable energy practice and also handles infrastructure matters relating to upstream and midstream oil and gas.  Oliver Massmann and Giles Cooper head the team, which is based in Hanoi and involved in numerous power projects and financing matters. Special counsel Bach Duong Pham advises leading renewable energy clients on banking transactions.



 

Practice head(s):

Oliver Massmann; Giles Cooper

Other key lawyers:

Pham Bach Duong

Key clients

Deloitte Consulting Overseas Projects LLC

TCP Asia Pacific Co., Ltd.

Greencells Group

Green Ventures

Sembcorp Utilities Pte. Ltd.

Work highlights

  • Advising Deloitte on institutional considerations and recommendations to establish a legal framework for direct power purchase agreements in Vietnam.
  • Advising Green Ventures on all aspects of its acquisition of two 48MW power projects in Vietnam.
  • Advising Sembcorp Utilities on its $250m financing of its gas fired power plant project in Myingyan, Myanmar.

ATIM

ATIM has experience of handling infrastructure development projects including midstream and downstream energy matters. Led by Trinh Hong Quang, the team acts for foreign investors and contractors on project development. The practice group also includes Huynh Nguyen, who provides her expertise on large-scale project work, and January 2019 partner promotion Phuong Doan.

Practice head(s):

Trinh Hong Quang

Other key lawyers:

Huynh Nguyen; Phuong Doan

Audier & Partners Vietnam L.L.C.

Audier & Partners Vietnam L.L.C. is experienced in undertaking work concerning the finance and construction of large power plants. Led out of Ho Chi Minh City by Nicolas Audier, the team is also includes Etienne Laumonier in that office and Nicolas Picard in Hanoi.



 

Practice head(s):

Nicolas Audier; Etienne Laumonier; Nicolas Picard

EPLegal Limited

EPLegal Limited's projects team is led by Tony Nguyen, who has considerable expertise in the energy sector, including oil and gas as well as other types of conventional energy. Harry Bui is an experienced associate who handles large-scale project work and construction matters and  Annie Ngo is another notable name.

Practice head(s):

Tony Nguyen; Annie Ngo

Other key lawyers:

Harry Bui

Key clients

Vietnam Oil and Gas Group

Work highlights

  • Advised Petrovietnam on its sale of shares in the Long Son Petrochemical Project.

Hogan Lovells International LLP

Hogan Lovells International LLP handles renewable energy projects and developments instructions from clients, with senior associates Long Huynh and Huong Phan in Ho Chi Minh City handling the bulk of matters in conjunction with the firm's project finance partners in Singapore.

Other key lawyers:

Long Huynh; Huong Phan

Key clients

Tokyo Electric Power Company Holdings, Inc. (TEPCO)

Super Energy (East) Pte. Ltd.

Work highlights

  • Advised Tepco on its purchase of a 36% stake in Viet Hydro Pte. Ltd.
  • Advised Super Energy on its acquisition of Sinenergy’s Ninh Thuan I solar power plant in Vietnam.

Rajah & Tann LCT Lawyers

Rajah & Tann LCT Lawyers' projects and energy practice receives regular instructions from the clean energy sector and is efficient in dealing with matters pertaining to solar and hydropower. Led by Vu Thi Que, the team has experience in project financing, an area of expertise for Nguyen Dinh Nha, as well as strong connections to Vietnamese players in the oil and gas industry.

Practice head(s):

Vu Thi Que

Other key lawyers:

Nguyen Dinh Nha; Trinh Minh Duc

Tilleke & Gibbins

Tilleke & Gibbins' energy team acts for a number of national and international clients in the petroleum, renewable and solar energy sectors. Led by Vinh Quoc Nguyen, the team also advises lenders on project finance matters. Associate Waewpen Piemwichai is another notable name in the team.

Practice head(s):

Vinh Quoc Nguyen

Other key lawyers:

Waewpen Piemwichai

Key clients

JA Solar